Indices Procedure of MT4 Live Account Opening
MT4 Live Account Example - To open a Live Account as a trader you can go to a online broker site & open MT4 Live Account. Once you go to broker of your choice & choose this option of opening a Real MT4 Live Account, you will then have to fill some online MetaTrader 4 Live Account opening forms, the trading step by step method of filling these MetaTrader 4 Live Account opening forms is described in this Open Live MetaTrader 4 Live Account Lesson Lesson - MT4 Live Account Examples.
With this online trading account you can trade the following: Indices, Indices, Silver, Oil, CFDs, Futures and Stock Indices.
How to Register Account
To open this real trading account, a has to fill some online MT4 Live Account opening forms provided by a trading broker. The account sign up online form can be obtained from your online trading broker.
Process of opening a real MetaTrader 4 Live Account is one where your online broker also will require you upload following accompanying docs:
What Are the Documents Needed To Register An Online MetaTrader 4 Real Account?
1. Proof of ID - Colour copy of ID card or Passport - A colour copy of official identification card or valid passport document or other document that's issued by authorities (example. Driver's license, identity card, etc). The Identity document must have the trader's full name, an issue or expiry date, customer's place and date of birth or tax Identity No. And customer's signature.
2. Proof of Residency Location - Colour copy of a utility bill - A recently bill (e.g. Electricity, water, gas, Internet or cable TV connection, phone, oil, bank account statement) dated within last Three months & validating your registered address.
You can utilize your phone to snap photos of these documents and upload directly from your phone(this the best option when opening a account). Alternatively, use digital camera, upload the pictures to your desktop computer then upload these supporting documents on to your account
To Get where to upload these accompanying docs search for option 'Upload Documents'. Please note that after signing up your trading account it won't get to be verified until you've completed uploading these accompanying document copies.
Why are Copies of My Identity Card and Utility Bill that Has My Name Required?
The documents are required by your broker to guard against money laundering. AML, or Anti Money Laundry Rules necessitate that all brokers request proof of ID and Residence with your names on so that to confirm that you are a resident of the specific country which you say you are from & also a Utility Bill that shows the exact address of where you reside, this way you can't create a fake Identity or a fake residence to use for money laundering.
All regulated brokers must comply with this requirement prior to opening a MT4 Live Account for a new client.
Now once you have scanned or taken pictures of these trading account sign up forms:
2.Proof of ID - Colour copy of ID or Passport
3. Proof of Residency - Coloured copy of a utility bill, electricity bill etc. (bill with a recent date, dated within the last Three months).
Up-load above account sign up application forms plus above accompanying required document colour copies, you can use your camera phone to take colour pictures of above documents, then download the photos from your phone to your PC computer and then upload these photos from your Desktop PC computer.
Once your online broker gets the online MetaTrader 4 Live Account opening application forms plus the above documents, your application will be processed & you will be assigned a log in number & a sign in password for the live MT4 Real Account.
Once you upload these supporting documents your trading account will then get verified. Your sign in credentials will be sent to your e-mail address.
This is KYC - Know Your Customer, it's more of a legal requirement than mere formality, your online broker must adhere to this policy guideline and try to do everything to know details of who their customer is, in order to guard against money laundering activities.
You can then use your details to log into your MetaTrader 4 platform & start trading on this verified account. You also can use same log in credentials to log in to your myaccount client cabin area area on broker site. On the my-account area client cabin area you can deposit money, withdraw money and view trading reports of your stocks trading broker account.
How to Open MetaTrader 4 Live Account
To open this trading account, a has to fill some online MT4 Live Account opening forms provided by a trading broker. The account sign up online form can be obtained from your online trading broker.
Process of opening a real MetaTrader 4 Live Account is one where your stock broker also will require you to also upload following supporting documents:
What Are the Documents Needed To Register An Online MetaTrader 4 Real Account?
1. Proof of ID - Colour copy of Identity card or Passport - A colour copy of official identification card or valid passport document or other document that's issued by authorities (example. Driver's license, identity card, etc). The ID document must have the trader's full name, an issue or expiry date, customer's place and date of birth or tax Identity No. And customer's signature.
2. Proof of Residency Location - Colour copy of a utility bill - A recently bill (e.g. Electricity, water, gas, Internet or cable TV connection, phone, oil, bank account statement) dated within last Three months & validating your registered address.
You can utilize your phone to snap photos of these documents & upload directly from your phone(this the best option when opening a account). Alternatively, use digital camera, upload pictures to your PC computer then upload these saved documents on to your trading account log in clients area on the site of your trading broker
To Get where to upload these accompanying docs search for option 'Upload Documents'. Please note that after signing up your account it won't get to be verified til you've completed uploading these supporting document copies.
Please note if you do not upload above docs your MT4 Live Account will not be validated - Make sure you upload the above documents to get your trading account verified. More than 50% of all the new traders do not succeed in opening their trading account because of failure to upload the required supporting documents. If you correctly upload all the required accompanying documents then your MT4 Live Account will be validated and you can start trading with your account within 5 minutes. Just take colour picture of these 2 docs with your smartphone & upload these direct to your stocks broker website using your phone browser.
Where to Upload Copies of Docs on the Stock Account
Once you've filled and Submitted account registration form that your stocks trade broker will have given you, you will get access to the client cabinet area: This will then now be your indices account.
'Upload Documents' Button can then be accessed from this myaccount area trader cabin & as a trader you can upload your accompanying docs using this button.
Once you finish uploading required documents on 'Account Validation' on your trading account shall display as Validated & you as a trader can use then begin trading on this account.
This process may seem simple but more than 50 % of all new beginners do not succeed in opening their MT4 Live Account because they fail to upload the required accompanying documents.
Why are Copies of My ID and Utility Bill with My Name On It Required?
The accompanying docs are required by your online broker to guard against money laundry. AML, or Anti Money Laundry Guidelines necessitate that all online brokers request proof of Identity & Residence with your names on so that to confirm that you're a resident of the particular country which you say you're from and also a Utility Bill that shows the exact address of where you reside, this way you can't create a fake ID or a fake residence to use for money laundry.
All regulated brokers must comply with this requirement prior to opening a MT4 Live Account for a new client.
Once your broker gets the online trading account sign up application forms plus the above documents, your application will be processed and you'll be assigned a sign in number & a password for the live MetaTrader 4 Real Account.
Once your uploaded documents are approved by your broker - your account will then get validated. Your sign in credentials will be sent to your email address. Example of a verified account is illustrated & shown below:
This is KYC - Know Your Customer, it's more of a legal requirement than mere formality, your broker must adhere to this policy guideline & try to do everything to know details of who their customer is, in order to guard against money laundry activities.
You can then use your details to log into your MT4 platform and begin trading on this verified account. You also can use same log in credentials to log in to your myaccount trader cabin area area on broker site. On the my-account area client cabin you can deposit money, withdraw money & view trading reports of your stocks trading broker account.
Traders Cabinet Members Area for Making Stock Account Deposit & Withdraw Request
Withdraw and deposit options provided from within the traders cabinet area where traders can deposit and make withdraws from the various options provided, for examples: Credit Card & Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, MoneyGram and Western Union money transfer techniques as illustrated below.
Open a live account - As you complete this learn course, open a trading account early as it only takes a few minutes to open and validate your trading account early.
How Do You Register Account - How to Open MT4 Live Account - How to Open Live MT4 Live Account - MT4 Live Account Example
